Traders add to bets on September start to Fed rate cuts

- Traders added to bets that the U.S. Federal Reserve will deliver its first interest rate cut this year in September, after a government report on Friday showed U.S. inflation rose last month in line with expectations.

Interest-rate futures prices pointed to about a 65% chance of a rate cut at the U.S. central bank's mid-September meeting, up from less than 60% before the report that showed the personal consumption expenditures price index increased 0.3% last month from February.A Secret Service agent assigned to Vice President Kamala Harris’ detail was removed from their assignment after displaying behavior that colleagues found “distressing,” the agency said.

The House Democrat named the "most astonishing" thing he heard from one justice after the court heard arguments on Donald Trump's immunity claim.Reuters/Brendan McDermidA federal judge in New York upheld a defamation verdict against Donald Trump, keeping him on the hook for the $83 million he owes E. Jean Carroll, the writer who accused him of sexual assault.

Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it’s clear that — like the man it’s named after — there’s nothing typical about the stock. “If I woke up tomorrow and shares were zero dollars, or $100, I would not be surprised,” said Matthew Tuttle, a professional investor who bought $800 in Trump Media stock last week when it was at an all-time low.

Former President Donald Trump is a famed exaggerator about the size of his crowds. For years, he has lied about how many supporters attended his presidential inauguration and numerous campaign rallies.The Conservative leader is facing questions after stopping to cheer on an anti-carbon tax convoy camp near the border between New Brunswick and Nova Scotia, where he bluntly accused the prime minister of lying about "everything.

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